VIRGINIA RETIREMENT SYSTEMS ET Al Buys 3,000 Shares of Abercrombie & Fitch Company $ANF

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Abercrombie & Fitch Company (NYSE:ANF) by 33.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,100 shares of the apparel retailer’s stock after acquiring an additional 3,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Abercrombie & Fitch were worth $1,630,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ANF. Parcion Private Wealth LLC purchased a new position in shares of Abercrombie & Fitch in the 3rd quarter worth about $316,000. SYM FINANCIAL Corp bought a new position in shares of Abercrombie & Fitch during the 3rd quarter valued at about $202,000. Signaturefd LLC increased its position in shares of Abercrombie & Fitch by 18.5% during the 3rd quarter. Signaturefd LLC now owns 1,447 shares of the apparel retailer’s stock valued at $195,000 after purchasing an additional 226 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co bought a new position in shares of Abercrombie & Fitch during the 3rd quarter valued at about $82,000. Finally, Fifth Third Wealth Advisors LLC purchased a new position in shares of Abercrombie & Fitch during the 3rd quarter valued at about $201,000.

Abercrombie & Fitch Trading Up 8.4%

Shares of NYSE:ANF opened at $170.67 on Thursday. The stock’s 50-day moving average price is $147.29 and its 200-day moving average price is $105.83. Abercrombie & Fitch Company has a 12-month low of $65.45 and a 12-month high of $171.83. The stock has a market capitalization of $7.24 billion, a P/E ratio of 14.61, a price-to-earnings-growth ratio of 1.38 and a beta of 1.01.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping the consensus estimate of $1.99 by $2.18. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the business earned $2.91 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. As a group, research analysts predict that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Insider Buying and Selling

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the completion of the sale, the chief operating officer owned 152,534 shares in the company, valued at approximately $17,541,410. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the sale, the executive vice president owned 15,651 shares of the company’s stock, valued at $2,308,522.50. The trade was a 24.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,800 shares of company stock valued at $7,445,392 in the last 90 days. 2.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ANF. BMO Capital Markets assumed coverage on Abercrombie & Fitch in a research report on Tuesday, September 8th. They issued an “outperform” rating and a $170.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. Argus raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price target on the stock in a research note on Monday, August 31st. The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Finally, Zacks Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $157.21.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.